Refining what comes out of the ground is not often a form of petroleum that can be used right away. Associated gas venting refers to the practice of venting gas produced at oil wells where the well is not connected to a gas sales pipeline may be flared e. The measuring scale is calibrated in terms of degrees api, it may be calculated in terms of the following formula. For example, a petroleum engineer might find the book helpful on the meaning of the unless clause in an oil and gas lease. There are many terms that are synonymous with the oil and gas industry. It is generally received within 3 to 4 months after well completion. Calculated by expressing the cash dividend as a percentage of funds from operations attributable to shareholders for a given period. A gas obtained by destructive distillation of coal, or by the thermal decomposition of oil, or by the reaction of steam passing through a bed of heated coal or coke. Glossary of oil and gas terms acreagecontribution agreement a support agreement by which the contributing party agrees to contribute leases or interests in leases in the area of a test well to a drilling party in exchange for information, if the drilling party drills to. Offshore oil and gas industry abbreviations and acronyms. Mostly coming from user contributions, it is contextual and is meant for indicative purposes only.
Oil and gas law introduction oil and gas law is a combination of elements of contract law, property law, and tort law. List of abbreviations in oil and gas exploration and production. Global oil demand is predicted to increase by more than a third by 2035. Workover remedial work to the equipment within a well, the well pipework, or relating to attempts to increase the rate of flow. Unassociated gas natural gas occurring alone, not in solution or as free gas with oil or condensate. Increasing the flow of oil from a well by pumping hydrochloric acid into the well under high. These are some of the most commonly used oil and gas terms. Our glossary provides a comprehensive guide to the many expressions used. Investors the conocophillips glossary of oil and gas terms is. The degree to which gas or fluids can move through a porous material, such as rocks. Net production is the companys share of total production after deducting both royalties paid to landowners and a governments agreedupon share of production under a psc. If you would like to discuss mineral rights related issues with other landowners. Obviously, this list is not anywhere near exhaustive or definitive, but this should be the most comprehensive list anywhere.
We also have a page of oil and gas abbreviations and acronyms. The composition of produced water also varies widely. Oil region books, oil city, pa reprinted by permission from the author copies available from the oil150 store. Environmental impacts of the oil and gas industries the sensitivity of exploration activities including the definition of no go times or conditions. For it to be the fuel that can go into a car or converted into plastics, it must go through a. Structure used in offshore drilling on which the drilling rig, crew quarters and other related items are located. Thats why we put together the natural gas glossary to help you find the words you need to understand the industry. The oil and gas industry natural resource governance. Its primary uses are for blending into gasoline, for.
Glossary clean natural gas american gas association. Liquid, gaseous and solid hydrocarbons, including oil, natural gas, gas condensate, ethane, propane, butane and pentane. The amount of gas used presented in a unit of measurement applicable to natural gas i. Glossary of oil and gas terms learn the language of oil. A division order is an instrument which states the proportional ownership in a producing well. Common oil and gas industry terms explained a financial institution such as bank, brokerdealer, insurance company or business development company. Glm gas lift mandrel alternative name for side pocket mandrel glr gas liquid ratio glt glt log glv gas lift valve glw goc gas oil contact gom gulf of mexico gop geological operations report gor gas oil ratio gosp gasoil separation plant gpit inclinometry tool log gplt geol plot log gpsl geo. Havard devold oil and gas production handbook an introduction. Natural gas produced with crude oil from the same reservoir. Organic compounds containing only carbon and hydrogen.
The ratio of produced water to oil varies from well to well and over the life of the well. Reference is not made to all of the facets or issues of the oil and gas industry. It offers publications regarding standards, recommended practices, and other industry related information. A marketing company that buys and resells gas and is owned.
Sweet gas natural gas free of significant amounts of hydrogen sulfide h2s when produced. The oil and gas activity application and operations manual detail. Browse a comprehensive alphabetized list of natural gas terminology. Small pieces of rock that break away due to the action of the bit teeth. This list is meant for indicative purposes only and should not be relied upon for anything but general information. The growing and changing nature of lng means that its language brings together terms from the worlds of finance, utilities, trading and many.
The barrel of oil equivalent boe is a unit of energy approximate equal to the energy released by burning one barrel 158. The wet gas enters the absorber at the bottom and rises to the top, encountering a stream of absorption oil a light oil traveling downward over bubblecap trays, valve trays, or sieve trays. Drilling during drilling, a drilling mud is continuously circulated between the well and the platform through a riser pipe. These terms and conditions outline the rules and regulations for the use of noil petroleum corporations website. An instrument that measures fluid pressure and usually registers the difference between atmospheric pressure and the pressure of the fluid by indicating the effect of such pressures on a measuring element e. Gas leasing terminology a to z this is by no means a complete list of terms used. The oil and gas industry uses many jargons, acronyms and abbreviations. Any director, officer or general partner of the issuer. With liquefied natural gas lng playing an increasingly important part in the worlds energy mix, familiarity with lng terminology is needed by a growing number of professionals. Timing between the two components can take years and usually does. Thank you for visiting our website you are exiting the department of labors web server.
Oil and gas well drilling and servicing etool glossary of. A downhole device used in almost every completion to isolate the annulus from the production conduit, enabling controlled production, injection or treatment. With todays energyhungry way of life, the need for oil is at an alltime high. Source document contributed to documentcloud by jed miller revue des conventions miniers. Bld bailed refers to the practice of removing debris from the hole with a cylindrical container on a wireline. Environmental impacts of the oil and gas industries. Historically, we know the tales of eternal fires where oil and gas seeps ignited and burned. Butane occurs naturally in crude oil and natural gas and is the product of a variety of refinery processes.
The revenue distributor and the recipient of the oil and gas revenue agree to the exact decimal interest by signing a division order. An area which is underlain by one or more reservoirs containing oil. The measuring scale is calibrated in terms of degrees api, it may be calculated in terms of the following. We know there are a terms related to the natural gas industry. To recover liquid hydrocarbons from natural or refinery gas in a gas absorption plant. Another name for produced water or brine produced from oil and gas wells. The oil and gas industry uses many acronyms and abbreviations. The oil and gas industry is facing increasing demands to clarify the implications of energy transitions for their operations and business models, and to explain the contributions that they can make to reducing greenhouse gas emissions and to achieving the goals of the paris agreement. Horizontal drilling the process of drilling and completing, for production, a directional well that begins as a vertical or inclined linear bore which extends from the surface to a subsurface location just above the target oil or gas reservoir. Barrel a unit of volume measurement used for petroleum and its products 7. List of abbreviations in oil and gas exploration and.
Take a look at some of the terms youll encounter working in the industry below. The schlumberger oilfield glossary is an evergreen, instant reference that takes up no space on your bookshelf and offers many special features. It may also include slang terms used by oilfield workers to describe the same. The well then turns horizontally to intersect and remain within the reservoir e. The oil and gas industry in energy transitions analysis. If you work in this industry or are planning to, knowing english for oil and gas can help your career go far. We provide live feeds designed to help energy professionals, field personnel, business owners, and senior business leaders get the latest energy news and data, energy industry press releases and. Abbreviations and acronyms clg core log and graph clup coastal land use plan cm choke module cmp coastal management program cmp common midpoint geophysics cncf field normalised compensated neutron porosity cnd compensated neutron density cnfdp cnfd true vertical depth playback log cng compressed natural gas. Crosscommodity trading is also a new reality from oil, gas, lng, co2 allowances, to coal, basic and precious metals and uranium requiring familiarity with trading terminology among a wider range of professionals. A clear title is a chain of title without any kind of lien or levy from creditors or other third parties and poses no question as to legal ownership. Land leased for oil and gas exploration andor land for which conocophillips owns the mineral rights. Glossary of oil and gas terms acreagecontribution agreement a support agreement by which the contributing party agrees to contribute leases or interests in leases in the area of a test well to a drilling party in exchange for information, if the drilling party drills to an agreed depth and develops the information.
Oil and gas production handbook an introduction to oil and gas production, transport, refining and petrochemical industry havard devold. A typical packer assembly incorporates a means of securing the packer against the casing or liner wall, such as a slip arrangement, and a means of creating a reliable hydraulic seal to isolate the annulus, typically by means of an. It includes words and phrases describing professions, equipment, and procedures specific to the industry. Cementation chemical precipitation of ions carried in groundwater chemically precipitating to form new crystalline material between sedimentary grains. A colorless, odorless, poisonous gas produced by the incomplete burning of solid, liquid, and gaseous fuels. The department of labor does not endorse, takes no responsibility for, and exercises no control over the linked organization or its views, or contents, nor does it vouch for the accuracy or accessibility of the information contained on the destination server. Oil and gas well drilling and servicing etool glossary. In areas where oil is found in shallow reservoirs, seeps of crude oil or gas may naturally develop, and some oil could simply be collected from seepage or tar ponds. Cuttings are screened out of the liquid mud system at the shale shakers and are monitored for composition, size, shape, color, texture, hydrocarbon content and other properties by the mud engineer, the mud logger and other onsite personnel. Bc oil and gas commission glossary and definitions version 1. To discontinue attempts to produce oil or gas from a well or lease and to plug the reservoir in accordance with regulatory requirements and recover equipment. We are constantly using and adapting words to fit our everchanging culture. To permanently plug a dry hole or well that no longer produces. February 2019 uncontrolled copy once downloaded goto.
A chemical derived from petroleum, its derivatives or natural gas. Those activities in the oil and gas industry which take place away from the source of the supply. Natural gas associated with oil accumulations, which may be dissolved in the oil at reservoir conditions or may form a cap of free gas above the oil. Bakken shale process characteristics needed to estimate emissions quantity of gas vented per barrel of oil production mcfbbl fraction of gas flared. Oil and gas law is unique given the very nature of oil and gas, and the terms and phrases about this area of law are equally unique. Oil has been used for lighting purposes for many thousands of years. The oil and gas industry overview and trends nrgi reader april 2015 this reader is intended for use in conjunction with the natural resource charter. The content is based on information current to 1 january 2018, unless otherwise indicated in the text of the chapter. A chronological history of ownership of a tract of land. Examples are coal gases, coke oven gases, producer gas, blast furnace gas, blue water gas, carbureted water gas. The process of using temperature and pressure to separate a mixture of ngls with differing boiling points into individual products such as ethane, propane and butane. The term is commonly used in the oil and gas business to convey working interest, leases, royalty, overriding royalty interests and net profit interests.
The terms are also subject to change as applicable laws and customary practice evolve. An oil refining unit in which propylene or butylene reacts with iso2 glossary of industry terms. Additionally, this glossary may be a valuable resource for educating key stakeholders within the oil and gas, utilities and mining industries, including employees, customers, shareholders and. The oilfield glossary schlumberger oilfield glossary. The objective of this glossary is to provide our clients with a useful. The global oil and gas tax guide summarizes the oil and gas corporate tax regimes in 86 countries and also provides a directory of ey oil and gas tax and legal contacts. However, this guide will enable one to become familiar with the basic operations and common terminology of the oil and gas industry, including brief references to royalty owners. Generally, this ratio is more than 3 and can be more than 20 in some parts of the world. Oilfield terminology refers to the jargon used by those working in fields within and related to the upstream segment of the petroleum industry. Annex b operators development plan for an offshore installation. Pdf oil and gas production handbook an introduction to. Glossary of terms used in the trading of oil and gas, utilities. The content is based on information current to 1 january 2019, unless otherwise indicated in the text of the chapter. Natural gas liquids consisting of any one of ethane, propane, butane and condensate or a.
In this article we will show you some of the best selfstudy tools to start learning english for oil and gas, as well as online and in. Shapefile the shapefile format is a popular geospatial vector data format for geographic information system gis software. Not only does the flowrate of the produced water change over time, but so does the composition. Dictionary of oil industry terminology definitions acronyms and abbreviations a aav annulus access valve ab3 valve alpha thames compact, quarterturn rotary, parallel fullbore, double block and bleed, expanding plug valve. T his glossary of common oil and gas terms and definitions will aid newcomers as well as experienced royalty owners or mineral owners with the terminology used in the oil and gas industry. Oil and gas law is also different from the law that applies to the ownership, leasing, and. Oil and gas production handbook an introduction to oil. Glossary of oilfield production terminology got definitions and abbreviations first edition, january 1, 1988 american petroleum institute 1220 l street, northwest. The terms upstream and downstream oil and gas production refer to an oil or gas companys location in the supply chain.
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